i know john hilsenrath is a great reporter. i think the problem is -- many thanks, lee, for helping us out. >>> here's a thought experiment. what if i told you there would be no fiscal cliff recession? what if you believe me? how would you invest? well, we're going to give stephanie that challenge. she's director of research of "the street" and co-portfolio manager of jim crepers's charitable truth. an old friend. i'm here to say obama is bluffing, there's not going to be a fiscal cliff, they will do something to stop the taxes from expiring. he doesn't want to be herbert hoover obama. i'm putting that on the table. if you take that off the table, you look at the economy, profits, the stuff, there's no lending going on, what is your outlook for the stock market? ivities i think we would be higher if we didn't have this issue. we have low interest rates, not only here, but globally the monetary policy will stay easy. whether you like it or not, it's going to stay easy for a long time. >> i would argue that it's helped. i would l